The Oil Shock That Never Was

by  Bloomberg Grant Smith   3 years ago, influential figures in the oil industry were sounding a clear warning. (Bloomberg) -- Three years ago, influential figures in the oil industry were sounding a clear warning: prices were too low, investment was collapsing and by the end of the decade the world would face a shortage. …

Big Oil Tells Big Tech Being Arrogant Will Backfire

by  Bloomberg Kelly Gilblom |   One of the biggest oil bosses in the world has a message for hotshot young tech stars. (Bloomberg) -- One of the biggest oil bosses in the world has a message for hotshot young tech stars: trust me, being arrogant won’t pay off. Royal Dutch Shell Plc Chief Executive …

DANGOTE REFINERY: NIGER DELTA TYPE MILITANCY LOADING AT LEKKI… A REPORTER’S PERSPECTIVE

By Chris Paul Otaigbe     The ongoing construction of the Dangote Refinery is proposed to relieve Nigeria of the perennial issue of Fuel scarcity and Fuel subsidy. It is, therefore, supposed to be a thing of joy to the country at large and the surrounding community of its proposed operations. The Nigerian economy has …

FUEL PRICE #NIGERIANS DESERVE DISCOUNT… NIGERIANS SHOULD PAY FAR LESS FOR FUEL

BY CHRIS PAUL OTAIGBE The issue of Fuel Subsidy and Fuel Pricing has been a recurring decimal on the national conversation of Nigeria. Many cannot understand why, with four Refineries, the Africa’s largest Oil Producer cannot refine its own Petroleum Products. To reduce the heat of the resulting tension and crisis in the polity, NNPC, …

DANGOTE REFINERY: NIGER DELTA TYPE MILITANCY LOADING AT LEKKI… A REPORTER’S PERSPECTIVE

By Chris Paul Otaigbe           The ongoing construction of the Dangote Refinery is proposed to relieve Nigeria of the perennial issue of Fuel scarcity and Fuel subsidy. It is, therefore, supposed to be a thing of joy to the country at large and the surrounding community of its proposed operations. The …

OPEC Sees Need to Keep Oil Supply Deal as Demand Faces Headwinds

 Bloomberg Anthony DiPaola OPEC needs to keep working with other oil producers to manage global supplies as demand for crude faces 'headwinds,' the head of the organization said. (Bloomberg) -- OPEC needs to keep working with other oil producers to manage global supplies as demand for crude faces “headwinds,” the head of the organization said. …